ABG: The Green New Deal: What it would mean for transportation The big question: How would we pay for it?

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Looks like European countries are going to use the virus economic crash to pass familiar sounding "new green deal" stuff in their economic stimulus packages.
Looks like we won't need any of that.
 
Democrat's clean energy plan would boost EVs, but steps back from Green New Deal


https://www.greencarreports.com/new...lean-energy-plan-electric-cars-green-new-deal


Dubbed the Climate Crisis Action Plan, it includes a provision that would end sales of new internal-combustion passenger cars by 2035, and internal-combustion heavy duty trucks by 2040. It also calls for all electricity to be generated from renewable sources by 2040.

To help meet these goals, the plan supports development and greater domestic manufacturing of green tech, including electric long-haul trucking, shipping, and aviation. It also calls for the buildup of electric vehicle "fueling" infrastructure.

To support renewable energy, the plan calls for extending federal tax credits for wind and solar through 2025, according to The Washington Post, as well as research funding for clean energy technologies, including energy storage.

Under the plan, emissions reductions in transportation, energy, and manufacturing would add up to a carbon net-zero economy before 2050. The plan also sets a goal of reducing net U.S. greenhouse gas emissions 88% below 2010 levels by that year. The House Energy and Commerce Committee already last year called to end global warming emissions by 2050.

The plan would save 60,000 lives per year by 2050 through reduced air pollution, and save nearly $8 trillion through health and climate benefits over the same period, according to its authors. . . .

However, the Climate Crisis Action Plan appears less ambitious than its predecessor. The Green New Deal also dove into social justice, health care, and equity issues, but this proposal appears to be streamlined for an energy and green-tech focus—and, perhaps, something more likely to be considered by Republicans. . . .

Even in this form, the Democratic climate action plan has little chance of being passed with the current Republican-controlled Senate and White House. This is an election year, though, so the political balance of power could change in 2021.
 
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